News And Announcements
Kepler Cheuvreux initiates coverage of Shire with a 'buy'
Analysts at Kepler Cheuvreux announced on Friday they had commenced coverage on rare diseases specialist Shire.
Berenberg reiterates 'hold' on Interserve, drops target price
After reporting weaker than expected first half numbers on 9 August, analysts at Berenberg Research reiterated a 'hold' recommendation on Interserve shares but dropped the target price by 26% to 200p.
Aston Martin accelerates into third consecutive quarterly profit, eyes IPO
Aston Martin posted its third consecutive quarterly profit thanks to strong demand for its new DB11 grand tourer and a 67% increase in overall deliveries.
Unilever reportedly frontrunner in beauty contest for Estee Lauder
Consumer goods giant, Unilever, is reportedly the frontrunner in a beauty contest between rival bidders for US outfit Estee Lauder.
Philip Green's Arcadia agrees deal with BHS liquidators
Philip Green’s Arcadia retail group has agreed to pay £30m to unsecured creditors of BHS after the collapse of the department store chain last year, UK media reported.
Axis Capital sweetens bid for Novae
Axis Capital has sweetened its takeover offer for Lloyd's of London insurer Novae to £477. 6m from the £467. 6m agreed last month.
British Airways criticises Border Force over delays
British Airways has hit out at the UK Border Force over long delays caused by premature closures of passport check stations.
Credit Suisse cuts Dixons Carphone target, says Xmas trading will be key
While reiterating their 'outperform' rating on Dixons Carphone's, on Friday Credit Suisse analysts slashed their target price on the stock from 400p to 280p.
Shire in collaboration with MicroHealth on haemophilia monitoring tool
Shire has agreed to collaborate with MicroHealth Inc to support a free and secure monitoring tool for haemophilia A and B patients with inhibitors.
Vodafone commences £1.5bn share buyback programme
Telecommunications giant, Vodafone Group announced on Friday it had launched a share buyback programme for as many as 729. 1m shares.
ITM Power posts strong project income, sees fast-growing market
ITM Power boasted strong project income in its maiden full-year results as a listed company while flagging further progress since period-end.
Quadrise Fuels not aware of any reason for share price drop
AIM-listed emulsion fuel manufacturer Quadrise Fuels said on Friday that it is not aware of any specific reason for the drop in its share price.
Aviva to sell Italian JV to Banco BPM
Insurer Aviva said on Friday that it plans to sell its 50% stake in its joint venture in Italy, Avipop Assicurazioni and its unit Avipop Vita, to Italy's Banco BPM for an undisclosed sum.
Former Just Eat boss pockets nearly £5m from share sale
The former chief executive of Just Eat has pocketed just under £5m from the sale of his shares in the online food order and delivery service.
Henry Boot profit rises, hikes interim dividend
Land and property investor and construction company Henry Boot reported an 8. 7% jump in first-half profit on Friday as it hiked its dividend amid ongoing high levels of demand for land and housing in the UK.
Provident Financial replaces home credit division managing director
Troubled doorstep lender Provident Financial said it had replaced the managing director of its consumer credit division, appointing Chris Gillespie “with immediate effect”.
Computacenter H1 profit and revenue rise, on track for record performance
FTSE 250 IT services provider Computacenter reported a 15% jump in first-half revenue on Friday, thanks in part to favourable currency movements and an "outstanding" performance in its German business, and said it remains on track for a record performance in 2017.